NVX 1.74% 58.5¢ novonix limited

Yesterday's closes:NVX:ASX $8.17NVNXF:OTC $8.50GC3.F:FRA...

  1. 1,543 Posts.
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    Yesterday's closes:
    NVX:ASX $8.17
    NVNXF:OTC $8.50
    GC3.F:FRA $8.66

    Not bad really. It shows a lot of confidence from the international market.

    Especially not bad when the SP was below $5 a month ago. Looking at the track record for this SP, after every fall it has climbed. The smart INVESTOR who has done more than 5 min research into the company (and Motley Fool doesn't count) knows that the future of this company is bright. There is nothing wrong getting in now. I'm still buying more as I can because I know that $10 now is better than $50, $60, or $100 in a few years time.

    And yes, with some simple math you can justify a future SP of $100. The conservative estimate is that this company will produce $150ktpa of the best quality Synthetic Graphite anode material, and it will do it cheaper, cleaner and more consistently. It will do something similar with its cathode production (volume unknown at this stage).

    If you are only looking at current production and value of the enterprise, you are missing a huge price of the story and will either miss out on great returns from a good INVESTMENT in the future, or you're a day trader or blatantly downramping and manipulating the market investor sentiment and only making it easier for institutions to shake the uncertain and for them to gain - if the later shame on you!
    Last edited by BSquire: 11/11/21
 
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